Coatue Management oga sabi say Bitcoin palava no dey much again and say institutions don dey use am dey make portfolio join well well

Philippe Laffont, di man wey start Coatue Management, talk about how Bitcoin dey change for investment portfolio during Coinbase State of Crypto Summit for New York. Laffont tok say Bitcoin volatility don drop well well for 2025 even though e price don rise by 13% since beginning of di year. Before, Coatue no dey deal with Bitcoin because price too dey jump, but now, as beta don dey reduce and big companies like BlackRock don launch Bitcoin ETFs, e show say market dey mature. Laffont mention how Bitcoin strong pass before during market wahala, example be say for April 2025, Bitcoin fall only 5% compared to Nasdaq wey fall 6%. Plus, on-chain data show say investors dey hold their Bitcoin longer now, mean say dem dey move from quick trading to long term value saving. Bitcoin only dey represent 0.4% of global wealth (about $2 trillion), Laffont believe say e go fit grow as more people believe in am. Him advice be to make investors balance well—hold small long term positions, no heavy up portfolio with Bitcoin. Laffont also admit say dem miss chance for Bitcoin before and say market feeling get weight pass complicated investment models. Interview still mention Coatue invest for crypto and tech company like Dune Analytics and Bitcoin mining firms. This change for how institutions see am and how volatility don reduce fit make Bitcoin more attractive to investors wey dey cautious plus e fit become one solid asset for portfolio.